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    Sessional Paper No. 02 of 1993 on Kenya Government Guarantee of a Loan to Kenya Pipeline Company Limited by Export Development Corporation of Canada and Export and Import Bank of Japan

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    Publication Date
    1993
    Author
    Ministry of Finance
    Type
    Sessional Paper
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    Ministry of Finance
    Abstract/Overview

    Kenya Pipeline Company Limited, a wholly owned parastatal is undertaking the extension of the Mombasa-Nairobi white petroleum products pipeline from Nairobi through Nakuru branching off at Sinendet and terminating at Eldoret and Kisumu. The Pipeline is substantially completed and is due for commissioning during later part of 1993. The above two supplementary loans now being sought are necessary for the successful completion of the ongoing Western Kenya Pipeline Extension Project. This fund is mainly for physical additions to the original scope of works including the provision of road tanker loading facilities at Nakuru and Kisumu depots; earthworks at Nakuru and Kisumu which necessitated the splitting of Nakuru Pumping Station from the Nakuru oil terminal; Higher voltage electrical substations and transformers; fire fighting equipment and 3 years of operational spare parts and consumables required for maintaining the overall pipelines system.

    Subject/Keywords
    Kenya; Loan guarantee; Pipeline infrastructure; Financial policies; Loan agreement
    Publisher
    Ministry of Finance
    Series
    Sessional Paper No.2 of 1993;
    Permalink
    http://repository.kippra.or.ke/handle/123456789/2942
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    • Sessional Papers [417]

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